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Introduction To Macro_FIN-3AB_20251

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LG.1. and LO.1.1. The real economy in the long run

Lower share of agricultural sector for GDP growth not

necessarily imply lower agricultural productivity.

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Indonesia put a lot of effort to reduce corruption. Which

growth theory that applies?

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LG.1. and LO.1.1. The real economy in the long run

Indonesia joined G-20. Which growth theory that applies?

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When new technology emerge, old jobs will be destroyed.

However, a lot more jobs will be created.

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LG.1. and LO.1.1. The real economy in the long run

Is it possible with the same amount of capital, we gain

different total factor productivity?

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LG.1. and LO.1.1. The real economy in the long run

There is trend to reduce working days. Do increasing capital

could compensate for lower working days?

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LG.1. and LO.1.1. The real economy in the long run

Cobb Douglas production function consists of total factor

productivity, capital, and labor. Which variable that will not consistently

grow?

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LG.1. and LO.1.1. The real economy in the long run

Cobb Douglas production function consists of total factor

productivity, capital, and labor. Which of the variable have increasing return

to scale?

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LG.1. and LO.1.1. The real economy in the long run

The new production activities able to reduces waste. It is

considered

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LG.1. and LO.1.1. The real economy in the long run

Within one hour, X able to produce 2 unit and Y able to

produce 3 unit.

X is more efficient than Y.

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